7, LONGBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9HA - £160,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 LONGBANK ROAD is a small extended detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £215,700. It was last sold for £160,000 in October 2019, which was around 17% below the average October 2019 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

7 LONGBANK ROAD Sold Prices

Land registry data shows four sales for 7 LONGBANK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the four 7 LONGBANK ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 22 OCT	£160,000	£193,221	17% below HPI
2018 11 JAN	£150,000	£192,324	22% below HPI
1998 30 JUN	£72,000	£80,270	10% below HPI
1996 11 OCT	£67,000	£75,272	11% below HPI

7 LONGBANK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The four 7 LONGBANK ROAD sales between October 1996 and October 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 7 LONGBANK ROAD be worth now?

7 LONGBANK ROAD might now be worth an estimated £215,700.

This is based on house price inflation of 34.8%, between October 2019 and April 2026, for detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.8% inflationary increase is applied to the most recent sale price for 7 LONGBANK ROAD of £160,000 on 22nd October 2019. For the value to have increased from £160,000 to £215,700 over the seven years and six months to April 2026, the following assumptions must hold true:

• The value of 7 LONGBANK ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The October 2019 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LONGBANK ROAD has not materially changed since October 2019.

How Large is 7 LONGBANK ROAD?

7 LONGBANK ROAD is 94m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 30% of detached houses houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middlesbrough, and where 7 LONGBANK ROAD lies on this distribution: 28% of detached houses houses are smaller than 7 LONGBANK ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

7 LONGBANK ROAD: Plot and Title Map

7 LONGBANK ROAD sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 7 LONGBANK ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 LONGBANK ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 LONGBANK ROAD?

7 LONGBANK ROAD is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 7 on LONGBANK ROAD.